Foreign aid is one source of physical capital accumulation in Ethiopia. It is also a main media o... more Foreign aid is one source of physical capital accumulation in Ethiopia. It is also a main media of government revenue in meeting increasing trends of government expenditure. To investigate the impact of foreign aid flow on economic growth, various empirical studies were conducted, but they came up with mixed result. This leads to raise question of why impact of aid on economic growth in Ethiopia continues to be paradoxical in its findings. To assess the effectiveness of foreign aid in Ethiopia; this study sets predictability of foreign aid and economic growth in Ethiopia as a general objective. Specifically, the study sought to examine the contribution of foreign aid and the macroeconomic policy environment to economic growth in the country. In order to meet the aforementioned objective, the study employed an autoregressive distributed lag (ARDL) approach over the period 1981-2014. The empirical finding shows that in the long run, foreign aid has a positive contribution to economic growth, but in the short run its effect appeared to be insignificant. The predictability of foreign aid has a positive effect both in the short and long run. Macroeconomic policy index also has a positive effect in the long run, but its short run effect become negative. Based on the listed empirical finding, the study came up with policy recommendation; the government should allocate the external assistance on the successful development projects. Moreover, to make the flow of aid more predictable and persistent over time, both the government of Ethiopia and the donor communities should come up mechanism of transparently working jointly.
Climate change has become an increasingly important strategic issue for businesses to deal with. ... more Climate change has become an increasingly important strategic issue for businesses to deal with. The stake is high particularly for those in energy-intensive industries as governments are implementing legislations that limit the carbon emission coming from these industries. Not only are such companies' carbon emission confronted by regulatory bodies, but also various stakeholders such as customers and investors. Such pressures increased the business relevance of the issue and have provided various strategic contexts and drives. Businesses have responded in different ways to the changes that are coming with climate change. The purpose of this study was to provide insight into the dynamics and characteristics of carbon strategies. The case study companies were three pulp and paper companies located in Sweden, all subjected to the EU ETS regulation. In order to fulfill the purpose we have developed an analytical framework which we applied to the empirical findings. Based on our analysis we concluded that there are several factors that determine and drive the development of carbon strategies: sustainability, energy efficiency, market competition, and owners. The findings also revealed that the most prevalent response type was an optimization strategy, which is enhancing the carbon productivity from operational activities. The findings also confirmed the usefulness and comprehensiveness of the analytical framework employed to the understanding of carbon strategies and development factors.
International Journal of Food Science & Technology, 2012
Article Information There is an increased global interest in the food industry to develop and mar... more Article Information There is an increased global interest in the food industry to develop and market functional foods in which scientific investigations are limited in Ethiopia. Tef injera functional character can be further enhanced by substitution with flaxseed which is known to bear functional ingredients (α-linolenic acid an ω-3 fatty acid, secoisolariciresinol diglycoside lignans, dietary fibre and proteins). Two flaxseed forms (whole and flour) and three flaxseed substitution levels (3%, 6% and 9% flaxseed) arranged in a factorial experimental design in three replications were cofermented to find out whole or flour and at what substitution level injera with better nutrient and functional potential can be processed. Tef injera (100%) was used as a control. Tef injera substituted with flaxseed (whole and flour) at 3%, 6% and 9% showed a significant (P<0.05) effect on minerals (except P), ferric ion reducing antioxidant power (FRAP), phytic acid and microbial quality of injera. With 9% flaxseed substitution FRAP, Zn and Ca contents percentage increase were: 102, 110 and 16; whereas phytic acid and Fe decreased by 76 and 19, respectively from the control. Between 2 to 6 injera storage days, yeast-mould (2.27 to 3.93 log cfug-1) and total aerobic plate counts (ND to 3.77 log cfug-1) were lowest for 9% flaxseed substitution and highest for the control injera (2.85 to 4.08 log cfug-1 and 3.70 to 4.30 log cfug-1 , respectively). Coliforms were not detected. Whole flaxseed substituted injera had high minerals, antioxidant and microbial stability than flour flaxseed substituted injera. Injera with high minerals (except iron) and antioxidant of improved microbial stability, low phytic acid contents can be processed by 9% flaxseed substitution.
Foreign aid is one source of physical capital accumulation in Ethiopia. It is also a main media o... more Foreign aid is one source of physical capital accumulation in Ethiopia. It is also a main media of government revenue in meeting increasing trends of government expenditure. To investigate the impact of foreign aid flow on economic growth, various empirical studies were conducted, but they came up with mixed result. This leads to raise question of why impact of aid on economic growth in Ethiopia continues to be paradoxical in its findings. To assess the effectiveness of foreign aid in Ethiopia; this study sets predictability of foreign aid and economic growth in Ethiopia as a general objective. Specifically, the study sought to examine the contribution of foreign aid and the macroeconomic policy environment to economic growth in the country. In order to meet the aforementioned objective, the study employed an autoregressive distributed lag (ARDL) approach over the period 1981-2014. The empirical finding shows that in the long run, foreign aid has a positive contribution to economic growth, but in the short run its effect appeared to be insignificant. The predictability of foreign aid has a positive effect both in the short and long run. Macroeconomic policy index also has a positive effect in the long run, but its short run effect become negative. Based on the listed empirical finding, the study came up with policy recommendation; the government should allocate the external assistance on the successful development projects. Moreover, to make the flow of aid more predictable and persistent over time, both the government of Ethiopia and the donor communities should come up mechanism of transparently working jointly.
Climate change has become an increasingly important strategic issue for businesses to deal with. ... more Climate change has become an increasingly important strategic issue for businesses to deal with. The stake is high particularly for those in energy-intensive industries as governments are implementing legislations that limit the carbon emission coming from these industries. Not only are such companies' carbon emission confronted by regulatory bodies, but also various stakeholders such as customers and investors. Such pressures increased the business relevance of the issue and have provided various strategic contexts and drives. Businesses have responded in different ways to the changes that are coming with climate change. The purpose of this study was to provide insight into the dynamics and characteristics of carbon strategies. The case study companies were three pulp and paper companies located in Sweden, all subjected to the EU ETS regulation. In order to fulfill the purpose we have developed an analytical framework which we applied to the empirical findings. Based on our analysis we concluded that there are several factors that determine and drive the development of carbon strategies: sustainability, energy efficiency, market competition, and owners. The findings also revealed that the most prevalent response type was an optimization strategy, which is enhancing the carbon productivity from operational activities. The findings also confirmed the usefulness and comprehensiveness of the analytical framework employed to the understanding of carbon strategies and development factors.
International Journal of Food Science & Technology, 2012
Article Information There is an increased global interest in the food industry to develop and mar... more Article Information There is an increased global interest in the food industry to develop and market functional foods in which scientific investigations are limited in Ethiopia. Tef injera functional character can be further enhanced by substitution with flaxseed which is known to bear functional ingredients (α-linolenic acid an ω-3 fatty acid, secoisolariciresinol diglycoside lignans, dietary fibre and proteins). Two flaxseed forms (whole and flour) and three flaxseed substitution levels (3%, 6% and 9% flaxseed) arranged in a factorial experimental design in three replications were cofermented to find out whole or flour and at what substitution level injera with better nutrient and functional potential can be processed. Tef injera (100%) was used as a control. Tef injera substituted with flaxseed (whole and flour) at 3%, 6% and 9% showed a significant (P<0.05) effect on minerals (except P), ferric ion reducing antioxidant power (FRAP), phytic acid and microbial quality of injera. With 9% flaxseed substitution FRAP, Zn and Ca contents percentage increase were: 102, 110 and 16; whereas phytic acid and Fe decreased by 76 and 19, respectively from the control. Between 2 to 6 injera storage days, yeast-mould (2.27 to 3.93 log cfug-1) and total aerobic plate counts (ND to 3.77 log cfug-1) were lowest for 9% flaxseed substitution and highest for the control injera (2.85 to 4.08 log cfug-1 and 3.70 to 4.30 log cfug-1 , respectively). Coliforms were not detected. Whole flaxseed substituted injera had high minerals, antioxidant and microbial stability than flour flaxseed substituted injera. Injera with high minerals (except iron) and antioxidant of improved microbial stability, low phytic acid contents can be processed by 9% flaxseed substitution.
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